Ministry of Information & Broadcasting
Plastic industry has huge job opportunities for unemployed youth: Dr.B. Srinivasulu, Principal Director-CIPET
Plastic industry offered huge employment opportunities for youth and also become entrepreneurs. The plastic industry with recycling plastic products had a great potential for development in all sectors due to less manufacturing and raw material cost said Dr.B. Srinivasulu, Principal Director & Head, Central Institute of Petrochemicals Engineering & Technology .
Speaking in a press conference at CIPET-Charlapally today, Dr.B. Srinivasulu said CIPET offering skill development training programs for the benefit of SC/ST/OBC/PWD/WOMEN/EWS/BPL category of unemployed youth so that the youth can utilize these opportunities for improving their skills and profitability placed in the industry. CIPET gained global recognition for its research & development in the niche areas of Polymer Science & Technology and high quality education & skill development in the field of plastics, he added.
CIPET also plays a pivotal role in generating employment opportunities especially for unemployed and underemployed youth and promoting entrepreneurs though various skill development training programs, he added.
CIPET has an enviable interface with its business and industry partners. We provide technical / consultancy services in design, tooling, plastics processing & testing for the benefit of plastics & allied industry. We have been in the forefront of strengthening technological capabilities and have been constantly building capacities and leveraging our expertise, calibre and skill sets to meet the emerging and evolving needs of the industry, said Sri A.K. Rao , Chief Manager .
"Central Institute of Petrochemicals Engineering & Technology  was established in 1968 by Government of India with the assistance of United Nations Development Programme  at Chennai Today CIPET is a Premier National Institution for higher & technical education under the Ministry of Chemicals & Fertilizers, Govt. of India fully devoted in all the domains of plastics viz:- Design, CAD/CAM/CAE, Tooling & Mould Manufacturing, Plastic Products Manufacturing, Testing & Quality Control, CIPET operates from 37 locations spread across the country to cater the needs of the polymer and allied industries.
M/s. Power Finance Corporation Ltd., New Delhi  under their CSR  Scheme has sponsored 7 Skill Development Training programs with 6 months scheduled each in the areas of CNC Milling, CNC Lathe, Tool Room, Blow Moulding. Injection Moulding. Plastic Extrusion & Plastic Processing, targeting 300 unemployed youth in the state of Telangana.CIPET has entered into a MoU with M/s Power Finance Corporation Ltd.  to train these 300 candidates and provide them employment in the Plastic & allied industries after completing the training program. The training will be provided free of cost including, hostel accommodation, food, uniform, shoe & training kit.
As part of the MOU CIPET shall be providing Skill training Boarding & Hostel facilities,Training kit, Uniform, Safety shoe & Course material on free of cost basis.
M/s. PFC Ltd. has adopted 4 districts i.e Bhupalpally, Khammam, Asifabad & Adilabad Districts and the preference will be given to the beneficiaries of these districts for the said training programs.